interesting developments

Hi Readers

3am in Rhodes Greece.
Went to Italy for the last few days just to see what's really going on there instead of reading or viewing the media spin.
Very surprising to see what many Italians want.
The back to the lira is very ripe more than what many think.
It was the view that if Greece leaves Italy can follow, which really surprised me.
So who is the euro really benefitting?
I also went because no cash as banks where closed.

So markets are acting as the astrology had expected
Went short the
ASX200 5650
S&P 2012:50
NAS 4670

Closed out of the S&P and NAS with nice profits just waiting for the ASX200 to open and will liquidate also in the first 20 minutes.
There have been some very interesting developments lately.
One is the RBA chairman speech, you can see it on the ABC24 link.. Must view.
I think he did it on Wednesday .
Also was the gold drop and for that matter the commodity drop .
Gold is still over valued in real terms.
I'll work out the numbers and post next time a real gold price.
Also the APPL numbers...
I will look into them deep and give a realistic view even tho the negative astrology has started on the stock back in May.
It will only gather momentum.
But they still hold the massive war chest which is keeping many short sellers at bay.
If they didn't have that believe me it would be at $50 right now.
Steve Jobbs saw what short sellers did to the stock and that's why the war chest was built.
Carl Icahn knows it but couldn't break it apart as Cook got taught by Jobbs never to break it apart.
So until a new CEO come in its very hard to short the stock, knowing there is a war chest .

I also read on the web that an Australian bank is RAISING RATES on investors..
Forget the regulatory spin crap, there are problems people, which as I said before the astrology had anticipated.

Just cut my short out at the 5503 , happy with that recovered my losses of last week.
I'll post the astrology for next week today some time...(afternoon)

See ya guys off to bed

Market can be a cruel place at times

Hi readers ...4pm Rhodes time

Yesterday trading was disappointing.
I got murdered by the ASX200 for 40 points.
Made a little on the DAX and HANG SENG and
Got clipped by the S&P and NAS.
As you can see not a happy camper.
Yet the negatives where there just to much excitement to enjoy the move up.

I'll lick my wounds till next week.
I saw the numbers coming out of the U.S. stocks on profit results and to be up front about it I don't believe them one bit. ....there all bullshit

Here are the facts people.
For profits to be believed in my book you have to pay at least 70% of those profits in dividends.
Not doing so is called American accounting.... English terminology FRAUD.
You might say why am I saying this!

In the last 20 years how much profit has JPM made?
Yet in 2008 they ran for bailout money...
Where did all those profits go? Shareholders?
Buy backs you might say ... Another load of crap!

The table below summarizes JPMorgan’s capital return figures for each year since 2007, and has been compiled using figures reported in annual reports:

(in $ mil)	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014
Common Stock Dividends	4,865	4,842	5,051	5,237	2,095	844	3,266	4,541	5,251	5,865
Shares Repurchased	3,412	3,938	8,178	-	-	2,999	8,863	1,653	4,789	4,760
Total	8,277	8,780	13,229	5,237	2,095	3,843	12,129	6,194	10,040	10,625

Pay out only 44 cents dividend, yet bragging that you made 5.79 billion profit?

I will never believe American profit results until as I stated earlier..
Like they do in Australia profits are paid back to shareholders, not buy backs.
Buyback only boosts the governments tax on your gains.
Yes people that's something your not supposed to know.

Here banks are still shut, so like many you take a cruise to Italy to collect euros.
Business can't bank either and as a result things are becoming very concerning.

I read the funniest thing today on the ABC website.
The Australian treasure compared Greece to what might happen in Australia if they don't increase the revenue.
Seriously there must be something in the water in Canberra which is making the politician DUMB.

Greece is in the position it's in because the politicians where stealing the revenue  for themselves.
From both political parties?

Word of advise learn to save, and stop promising to stay in government.
My advice to the government.

In America you can start to see who's the threat in the Republican party.
So there ganging up to push him out.....
Not a good move, Trump for now is going to stir the pot even more..
Once again the Republican party is handing over the election to the democrats.
Seriously people these guy are so dumb they don't realise what's going on.

Next week

My work is showing the 21st positive  astrological aspects for the markets

23&24th I have negative astrological aspects for the market.
Following markets will be affected

S&P
NAS
DOW
HANG SENG
ASX200

Media beat up..

Hi readers... 8.40am Rhodes time

Markets all got excited which was wonderful and Greece is accepting all austerity measures!
What a load of crap, nothing but a media beat up.

Greece will not cut pensions as Europe thinks.
Anyway I see China down so to Hong Kong 1+% , and only 40% of the market is currently trading.
Unbelievable.

Anyway down to business 50% position this is.
Shorted
S&P 2093.50
NAS 4488
ASX 5528
Hang Seng 24950.
Waiting on the dax to open.

Tonight will pick up the other 50% on the open of Asia.
Please just use this as a guide to your own work ...
You might get better positions if you wait, I don't know that's something for you to decide.
In commodities don't bother.
I wouldn't trust numbers coming out of China if my life depended on it.

The oil numbers that came out yesterday I struggle to believe them at the present time, when factories are closed 4 day a week due to no exports...

Greece got the bailout and???? Big deal

Afternoon readers.3pm in Rhodes

As expected the bailout is to proceed, which as obviously got the markets all excited and they are running which is wonderful.
China was up again but not even 50% of the market is trading so don't read too much into it.
Google earning are coming also on the 16th so is shaping up to a wonderful week full of volatility.
That's how you make money people.

Wednesday has a lot of negative aspects around, I will be preparing to trade the day, set up half of the position on the tuesday and the other half on the day open.
Also please note its a New moon also which tends to be a top in markets also.

Target markets
ASX200
S&P
NAS
DAX
Hang Seng

Comment.
You should never be looking to trade daily..
Those who trade daily be stocks or futures have a very low batting average from those who trade occasionally.
I only trade according to my astrology, some months it's heavy and other months is very lite.
There are so many other things to do now where you don't have to be stuck in front of a screen.
Trade as a hobby and you can make far more than you expect.

Just something to think about.

Q&A

Hi readers

It's obvious that a number of new readers have taken a keen interest in financial astrology.
With the questions that are coming through I have gone through this before.

1. Why don't you charge for your forecast?
A. Don't need to as I trade them and make 1000 times more than what I would make charging subscriptions.

2. How far do you see China dropping.
A. It's not how far it drops the issue its the contagion it could spread the issue, and it will.
Under 3000 is a good starting point .

3. How much do you see this affecting the Australian market and for how long?
What your projections for end of year on the ASX.
A. China is Australia's biggest export market for resources, therefore I see it affecting Australia for years.
At present the governments spending cuts are helping float the budget, but soon something is going to have to give as lower revenue from mining tax has to be covered.
The less government spends the more the economy will slow down.
Business can't export even with a lower dollar as is the plan at present.

There are times where the market will shoot higher then fall away.
To give a number is stupid and guess work as the law of averages always prevails.
If more people panic in September when the markets get shaken then we could see under 4800 easy.
But smart traders surf the waves as they come.

4. How long have you been an astrologer for as your very accurate?
A. Since 1990 but I'm always learning.

5. Could you please teach me, I'd be happy to pay you for your time.
A. No I don't teach, nor do I want to.
I'm happy to post on the blog what astrology I see and how I'm going to trade it.
It's then up to you to make your own assessment of it and use it to enhance your own trading method.
If it agrees ? Great if not the observe.

6. You give up so much of your time to update for no return I don't get it?
A. Do a good deed and one shall return to you!
All I ask is once a month after you see you trading balance increase, its good to enjoy your wealth with your family, and if you see a musician or a charity as your going out slip them what you can.
Greedy people karma has a way  of taking it away from them.

7. Do you advise to private clients or funds?
A. No I don't advise private, companies or funds.
I do from time to time, when there is an election look at potential winners..
If you can read back I do believe we are 4/4 at present...LOL

I appreciate all readers who spend five minutes of your time reading what I post.
If the blog helps you to make money, then you deserve it .
For investing the time.
We are not always right but we are right more than wrong.

Another storm is in the works

Hi readers.

Once again the market in the US didn't really kick on as I thought it would.
Note a concern but just confirms to me that there is still a lot more to be played out.
Yes the DAX exploded which is wonderful to see and hopefully everyone plays there part in Europe and the money gets handed over.
Greece won't implement the changes that's a fact.
But it's more about the effort to put a proposal together instead of turning up with notes of the newspapers and soccer results..
For that not snubbing the system they will get the money, but implementing another thing.
In Asia well there's another story all together.
Every move the Chinese government has made is wrong.
Not allowing stake holders to liquidate there holding shows that the government isn't about a free market but more an egotistic establishment.
International investors who have been burnt in the move down won't be buying China stocks again.
Therefore as soon as the governments effort finishes then it will run straight down again.
There effort to prop up the market is just giving traders a better price to short.
What is more laughable is that the Chinese want to open up there market to derivatives..

For most the only way to trade China is through Hong Kong, so the market there has also had its share of volatility.
The bounce back is hollow people,we are going to hit is again, for those who want to trade it for those who can't can trade the ASX200 and the American can once again trade the S&P.

Europe isn't an issue as many of you believe and is more a safe haven for now. Till the end of August.

In metals don't waste your money sitting loosing value slowly... 

Profit time people.

Hi readers

Morning to you all.6am in Rhodes.
So the Greek government has put a proposal to the EU?
You actually believe they are going to make all the spending cuts they are proposing!
Think again...

Nice move up in the Asian markets yesterday and currently but it's a hollow move so don't read too much into it.
As for China not allowing stake holders to liquidate there positions for 6 months !
That will just wash out wealth and prolong the decline.

To the Australian investors please stay in cash this is not the time to pick up bargains, as many analysts are recommending.
We are starting to see even the glamour stock feel the China potential..(APPL)

In trading .....Disappointed the U.S. market didn't kick on from the open, so going to cut the trades out after I finish this post.
 In the ASX200 thought 5444 we would see and in fact right now it's at 5469 so will be cutting out these position also.
Much is being said about what's going on in Asian but little do many really understand it.

It's also important the the Fed raise rates now to have some bullets to shot for the next US crisis which is on the way next year.
More on this later..

Remember people we are traders not trophy talkers, we are here to make money, not talk about predictions.
Predictions without a return are cheap.
You can keep firing them out like many other astrologers do, eventually you'll hit the mark but you'll go broke trading them.
Here I want to educate you on how to make money from events.
Hopefully then you can then give something back to your fellow man.